Producer prices in South Korea were up 1.6 percent on month in March, the Bank of Korea said on Wednesday – accelerating sharply from 0.6 percent in February. Individually, prices for agricultural, forestry and marine products tumbled 3.3 percent on month, while manufacturing products spiked 3.5 percent, utilities dipped 0.1 percent and services were flat.
Stock Markets faced a brutal dual-threat reality-check today, as shifting monetary policy and collapsing geopolitical diplomacy combined to trigger a violent late-session selloff. The trading session was already under heavy pressure following incoming Federal Reserve Chair Kevin Warsh’s Senate confirmation hearing. Warsh delivered a resolute but mixed-feelings message, emphasizing the need for a reform of
Trump offered to extend the ceasefire Trump says will extend ceasefire for now Iran has not yet accepted it. Indeed, an Iranian Parliament Speaker Ghalibaf’s adviser said Trump’s decision to extend the ceasefire is illogical, arguing the move is a tactic to buy time for a potential surprise attack, while maintaining that Iran currently holds
The highly anticipated Senate confirmation hearing for incoming Federal Reserve Chair Kevin Warsh took center stage this morning, and Wall Street is now frowning. Stepping into the spotlight amid a backdrop of high geopolitical volatility, Warsh delivered a mixed address that instantly sent ripples across asset classes and triggered a decent market pullback. At the
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Elior Manier Market Analyst Elior brings over seven years of experience in financial markets to our analyst team. Since 2018, he has actively engaged in observing, charting, and trading, driven by his passion for mastering market dynamics. With a profound understanding of the geopolitical and macroeconomic forces that shape market movements, Elior focuses on analysing
Yesterday, Trump himself said VP JD Vance was on his way to Pakistan but that turned out not to be true. Now, Axios reports that he’s still in Washington, citing a White House official. “Additional policy meetings are taking place at the White House today in which the Vice President will participate,” the official said.
The Federal Reserve Chairman-elect Kevin Warsh is speaking at the Senate. It is a final step for Kevin Warsh to be confirmed at the head of the Federal Reserve. This is a quite essential meeting ahead of the coming four-years to spot what view the Fed Chair will have. You can get access to the
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US policies eroding dollar’s position, say Knot and Obstfeld – FX Markets Skip to main content End of drawer navigation content Euro and renminbi unlikely to supplant greenback, but “more multipolar” system could arise Klaas Knot The policies of the current US administration are putting pressure on the dollar’s status as a global currency, Klaas
No confirmation on US–Iran talks means no conviction in markets—for now. The focus shifts to Kevin Warsh’s testimony before the Senate Banking Committee at 14:00 GMT. With geopolitics offering no clear signal, investors are turning to Warsh’s testimony for guidance on the future direction of the Federal Reserve and the credibility of its policy framework.
The four-week average of hiring jumped in the week ending April 4 to 54.75K. That’s the highest since the survey was launched in September. These are high-frequency numbers so they’re prone to large adjustments but if employment continues to rise, there is little chance of the Fed cutting rates. For background, the NER Pulse is
The longer-term price movement of copper is highly sensitive to manufacturing activities, as it is a vital component in the global manufacturing supply chains and industrial usage. Higher manufacturing activities tend to translate to a higher demand for copper, in turn, creating a positive feedback loop into the price of copper. Manufacturing Purchasing Managers’ Index
Ether faces volatile week as institutional buying meets DeFi security concerns Ether has navigated a volatile and eventful week, with price action reflecting a complex mix of improving institutional demand, ecosystem-specific developments and renewed bouts of risk-driven selling. As the second-largest cryptocurrency, ETH has once again demonstrated its dual nature – supported by strong structural fundamentals but highly sensitive to shifts in sentiment
Spain’s foreign trade deficit decreased somewhat in February from a year ago, as imports fell faster than exports, preliminary data from the Economy Ministry showed on Tuesday. The trade deficit dropped to EUR 3.3 billion in February from EUR 3.4 billion in the corresponding month last year. In January, there was a shortfall of EUR
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The US markets are holding near record highs, not because conviction in de-escalation is strong, but because traders are unwilling to fade the possibility of last-minute progress or extension in US–Iran negotiations. The price action reflects hesitation rather than optimism, with risk assets supported but not advancing. S&P 500 and NASDAQ hovered close to their
